Use of Commercially Reasonable Efforts. The Seller, the Buyer, the Management and the Plaintiffs shall cooperate with each other and use all their respective commercially reasonable efforts to take or cause to be taken all actions, and do or cause to be done all things necessary, proper or advisable on their respective parts to consummate and make effective the transactions contemplated by this Agreement and the Ancillary Agreements as soon as reasonably practicable. In exercising the foregoing right, each of the Seller, the Buyer, the Management and the Plaintiffs shall act reasonably and as promptly as reasonably practicable.
Appears in 2 contracts
Sources: Settlement Agreement and Asset Purchase Agreement (Diversified Product Inspections Inc), Settlement Agreement and Asset Purchase Agreement (Diversified Product Inspections Inc)